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Impulsewave

SEE roadmap - buying this breakoutI expect a substantial move on Seeing Machines this week and in the next months ahead. With the recent RNS the company just entered into a new market of OMS which they are already dominating. SEE is way over conservative in their market share projections. 23% in their OMS figures and 30% in DMS. House broker`s old target is 7.2 on the DMS auto market only with the 30% auto market share. Add OMS 1,5 billion market (23% of it targets to 7.2p itself), add cash generating fleet not included, add Aviation industry potential, add the value of the IP in chips and mobile tech and the wide variety of market application. Conservative target should be anywhere between 30p-£1. A real gem to buy at this price and hold for a short-mid-long term. My ltf roadmap is also very conservative. There is no doubt the move up to 4.9 was impulsive, and that we have finished correcting here in value and time. The move up is a wave 3 as well, and my target to reach 7-10p in the next weeks ahead is only a x1.6 extension of wave 1. This can over extend easily. Also wave 5 is double topping at 10p, very conservative assuming it will just truncate. The whole structure is a bigger ABC also a conservative approach not assuming it is impulsive overall yet, A wave will finish anywhere above 10p. Then we will see how it develops and whether a new roadmap is needed to target £1. Don`t need much convincing that these prices are way too cheap for the development ahead of Seeing Machines.
LSE:SEELong
by tempertrade
Silver Sets To Complete A Five-wave Impulse PatternKindly support this analysis with your likes and comments! The Silver 4 hourly chart reveals an incomplete Elliot Wave impulse sequence from wave (b) high on the chart. It's labeled i-ii-iii-iv-v. Wave iii is the longest wave and its sub-wave of wave iii is also visible. According to EW theory, once the corrective phase in wave iv is completed an impulse move will follow it in wave v . In Silver's case, the correction unfolded as a double zigzag and also terminated around 50% Fib level. Yesterday daily price action also close as a bearish engulfing bar. With all the confluence, we can expect Silver to head lower in the short-term. The setup will be considered invalid if the red line on the chart is breached. What's your view on Silver? Let me know in the comment! Good luck on the chart, Veejahbee.
OANDA:XAGUSDShort
by Veejahbee
2
EW Analysis: GBPAUD In The Corrective PhaseHello traders! GBPAUD is clearly bearish, as we see a sharp fall in impulsive price activity down from 2.085 high. We are tracking a so-called impulse, a move that is structured by five waves, where two of them are corrections. Now, we are tracking a wave 4 correction which started at 1.768 level, and it can climb a little higher as corrections are made by three waves a-b-c, before pair can look for strong resistance and a bearish resumption into a wave 5. "A wave 4 correction can unfold as a simple zig-zag, which seems to be the best possible scenario, unless it turns out to be a flat, a triangle, or a more complex w-x-y move." Resistance for a wave 4 correction can be at Fib. Ratio of 38.2 that comes in at 1.88/1.90 level, so watch that area as a potential resistance, especially around the previous wave "i" swing low a lesser degree. As such, there is room for slightly more upside before downtrend may resume. Be humble and trade smart! If you like what we do, then please like and share our idea! Disclosure: Please be informed that information we provide is NOT a trading recommendation or investment advice. All of our work is for educational purposes only.
Education
by ew-forecast
Where will the Bitcoin adjustment wave come from? #Wave shiftBINANCE:BTCUSDT Hello, this is Luffy. Today, I’m going to upload two of the wave perspectives I see. This is the first point of view I see now. As shown in the picture above, wave 3 is currently in progress, and now it is considered to be in the position of wave 1 of the 3 waves. First of all, let’s talk about why I did not count from $3000 and counted from $4000 for the first time. The point of view is that the 3-2 wave cannot penetrate the lower trend line when it goes up 3 par after taking the first wave bottom and the second wave bottom. I counted it like this because it is a perspective that sees that if it penetrates, it is in the second wave again. The wave-effective point of view is that if the Impulse is to live, it looks like a 3-1 crest point in the late 9400 of Binance. If you leave here at the closing price and the daily or 12 hour closing price, the impulse wave at the transfer point is considered invalid. Of course, the 3-1 wave is over now, and the 3-2 wave is in progress, so it can be seen that you can see $10,000 or $9,000. However, I will tell you how to view the 1st wave in the sofa-dong below. One more thing to pick up here is the green line, two waves complete, and I'll take a look at the composite flat. At first, it fell in a zigzag manner, but later I finished it with a flat. If you look closely, it seems that the 3-3-5 flat fits. I think the TERMINATION has been achieved due to the shortage of the last 5 par. This is another perspective. It is a view that the first wave is still in progress, and the extension that did not come from the third wave is coming from the fifth wave. In this case, the 2nd wave adjustment may be larger than expected, so it seems that you need to be careful. It means that it has not yet been properly adjusted. This is the short-term wave I see from the perspective of the sofa-dong, which is currently in wave 3-1. Considering that there was an extended wave from wave 3, it came out in the short term. Then it becomes 4 pieces now. However, if the same thing as the 2-wave convergence that I see here comes out, it is considered to be not 4-wave. Or it becomes the conviction of the 5th wave. So, it is seen as a tuning wave that is very important to look at. It is a point of view that the condition of the 3-1 wave should be zigzag or flat. Because wave 2 wave 4 wave is considered to be alternating. It seems to be established if you raise it as it is now or at the 0.382 place. If it falls below 0.618 and a triangular convergence (triangle pattern) is formed The 5-1 extension wave is correct. Is like this. As long as the 10500 is not broken, the 1-5 impulse wave continues. This time, it seems to be the key to how the adjustment wave comes out and how it moves at 13k. It looks like it's a rising market right now, but if you give it from $20,000, it may not be over yet. I would like to share that there is a canon. It seems to be rising after the current abc adjustment. It’s more like that because I drilled the 9800 line I can see it. But let’s take a look at how it can be transformed when you give it a composite adjustment. After substituting the value of a value from 20,000 to 3k as the value of x, drawing the harmonics Gartley and Butterfly The pattern is drawn. However, in the case of including the tail of the Gartley, there is a slight difference in the value of b. No, because it exceeds 0.618. Butterfly theory is established. However, the c-value tail exceeds 0.886 and cannot be established. You can see it. I think if there is a futures market where short selling is possible, even if the tail price is slightly different I think it works haha Here, you can continue flat to 3-3-5 by flat adjustment complex with Gartley. Or, I think you can continue a flat pattern irregularly with a butterfly. It seems to be a place to be careful and a place to be careful.
Long
by Loopy_
EURUSD Elliot Waves/ABC Correction PredictionI see that it is too late to hop into this pair, the end of the 4th wave is coming so therefore I'll be speculating where price goes to not just next but potentially after that to gain the most profit possible with the data given. If price decides to push down and show some sort of switch in momentum then depending on what data comes from the exhaustion will give me an idea of where to enter Bearish as there seems to be Bearish Orders built around the beginning of potentially what would be the A Wave of the ABC Correction Pattern. Using Market Structure only gives more confirmation of this idea.
Short
by RiosTrades
1
Bitcoin Elliott Wave Sequence Geared for Bears | Jeremy WagnerHi, Bitcoin's sideways grind is meant to lull traders to sleep. There are some bearish patterns bubbling inside this range that points prices towards the low 8000's. We have a completed 5-3 pattern where a bearish impulse wave (the five) is followed by a complex correction higher (the three). This 5-3 pattern began on June 22 and completed on July 8. This implies bitcoin prices are ripe to turn lower from near current levels. Technical support and wave relationships begin to appear near 8400 and 8235 with even lower levels in play. The risk to reward ratio is strong from this levels in that if prices increase above 9500, then there is another pattern at play. Good luck!
BITFINEX:BTCUSDShort
by JWagnerFXTrader
EURUSD Up Trend is Mature | Elliott Wave | Jeremy WagnerThough EURUSD has made quite the run higher in recent weeks, this up trend is mature at high risk of reversing. Using Elliott Wave Theory, it is difficult right now to determine if the bullish impulse wave (one of the 5 basic Elliott Wave patterns) that created this up trend is over and if EURUSD is beginning to make a run at new lows (below 1.06) or if we see one more pop higher in wave 5 of the impulse...a finishing wave. There are 2 labels on the chart: 1. Blue labels (and blue arrow) -- represent a wave count suggesting the high is already in and we are about to see a wave 3 lower. Price rejected today at the 78.6% retracement level of blue wave 1. This would suggest EURUSD rolls over soon. A break below 1.1170 increases the probability of this scenario. 2. Black labels (and black arrows) -- represents a wave count suggesting we are grinding sideways in wave 4 now, with a wave 5 higher that moves slightly beyond 1.1423. Though it touches a new high, it is a terminating wave and then the new down trend would begin. Good luck!
by JWagnerFXTrader
Gold Approaching Multi-Year Top? | Elliott Wave | Jeremy WagnerThis recent surge in gold may be the finishing touches on a 4+ year up trend. Gold appears to be in an ending waves at multiple degrees of trend. Perhaps gold taps the upper end of this channel, but it doesn't have to. After this impulse wave completes, a very large correction may take over. This correction may coincide with US Dollar strength. Look for the yellow channel to break to be evidence of a top. A move below $1740 is another piece of evidence of a major top for gold prices. Finally, below $1669 may be the nail in the coffin for gold suggesting a full retracement of the 4+ year uptrend back to $1,000.
OANDA:XAUUSDShort
by JWagnerFXTrader
TikTok Hype - Dogecoin EXPLOSION? Selling Points and Resistance DOGE COIN TikTok Hype EXPLOSION - Selling Points and Resistance Lines TikTok, a popular app with over 2 billion young users is hyping up DOGE Coin and the videos are trending as of now. Their goal is to get Dogecoin BINANCE:DOGEBTC to $1.00. As of July 8th 2020 at 12:01 AM, Dogecoin stands at 0.00417005 USD (4/1000th of a dollar) and has risen 118% in the last 1.5 days alone. This will most likely follow the standard #impulsewave 12345-ABC structure. BINANCE:DOGEUSD This is going to result in a short term explosion and will most likeley crash back down to around 0.0024 USD, as good ole $DOGE always does. No worries, hype trains are fun to ride, and TikTok is more powerful than any of us realize! We'll see if these kids can do the impossible (but is it impossible though?) If Doge goes to $1, I'll have to buy the Dogecoin Lambo. JOKES ASIDE --- This exposure is great for the cryptocurrency Market and adoption as a whole. Millions of new users will be introduced to the world of investing and cryptocurrency. DISCLAIMER Please beware of hype trends like this. If you know how to invest and have knowledge and experience with impulse waves, go ahead. However, I am no financial advisor. If you don't know what you're doing, I do not suggest investing/trading Doge. If you are experienced, invest at your own risk! #tiktok #impulsewave #kids #2020 #investing #doge #dogecoin #shitcoin #DOGEUSD #hype #hypetrain
BITTREX:DOGEUSD
by tomchristian96